FIRST NIAGARA FINANCIAL GROUP INC
FNFG
FNFG was delisted on the 29th of July, 2016.
257 hedge funds and large institutions have $2.77B invested in FIRST NIAGARA FINANCIAL GROUP INC in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 86 increasing their positions, 90 reducing their positions, and 42 closing their positions.
84% more call options, than puts
Call options by funds: $629K | Put options by funds: $341K
4% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 90
5% less funds holding
Funds holding: 270 → 257 (-13)
12% less capital invested
Capital invested by funds: $3.13B → $2.77B (-$361M)
29% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 42
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$53.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$44.8M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$37.6M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$25.6M |
| 5 |
Morgan Stanley
New York
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.2M |
| 2 |
Citigroup
New York
|
-$30.2M |
| 3 |
State Street
Boston,
Massachusetts
|
-$20M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$15.9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.3M |
FNFG Hedge Fund Activity: Q1 2016 in Review
257 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in FIRST NIAGARA FINANCIAL GROUP INC (FNFG) for Q1 2016, worth a combined $2.77B — down 12% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FNFG and 30 opened new positions — a net loss of 12 holders — while 90 trimmed existing stakes and 86 added.
The largest buyer was AQR Arbitrage, adding an estimated $53.6M. The largest seller was Wellington Management Group, cutting an estimated $36.2M.
- 257 institutional investors held FIRST NIAGARA FINANCIAL GROUP INC (FNFG) as of Q1 2016, down from 270 in Q4 2015.
- Funds reported $2.77B of FIRST NIAGARA FINANCIAL GROUP INC stock for Q1 2016, down 12% quarter-over-quarter.
- 30 funds opened new FIRST NIAGARA FINANCIAL GROUP INC positions in Q1 2016 and 42 closed out, a net change of -12 holders.
- The largest FIRST NIAGARA FINANCIAL GROUP INC buyer in Q1 2016 was AQR Arbitrage, an estimated $53.6M added.
- The largest FIRST NIAGARA FINANCIAL GROUP INC seller in Q1 2016 was Wellington Management Group, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2016.